Mr. Abati, a columnist, was arrested on Monday by operatives of the Economic and Financial Crimes Commission on allegations of financial impropriety to the tune of N50 million.
When operatives questioned him about how he spent the funds, Mr. Abati reportedly said he disbursed it to media practitioners in his capacity as the spokesman for the Goodluck Jonathan administration.
But he said he did not keep records of the disbursement when queried for evidence.
The journalist was subsequently granted an administrative bail that requires presenting a senior federal civil servant —preferably a director— with landed properties in Abuja.
“He will be released when he meets his bail conditions,” a source within the EFCC informed newsmen on Friday.
Also in EFCC custody is Bala Mohammed, a former Minister of the Federal Capital Territory, who was taken into custody shortly after Mr. Abati’s arrest on Monday.
But Mr. Mohammed’s case is said to be more complicated and he may not be released anytime soon.